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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Taproot Activation Debate Settled with a Blockchain ‘Coin Toss’
CoinDesk Tech Reporter Colin Harper explains how Taproot is finally coming online after a year of negotiations and why this matters to the wider bitcoin community. Plus, a discussion of how the global chip shortage is impacting bitcoin miners.
The “Mural Building” in Chicago Is Up for Sale; Owner Will Accept Bitcoin
A building in Chicago, made popular once for depicting a mural of former NBA player Dennis Rodman, is up for sale, and the owner is accepting bitcoin as payment. Owner of the building Ted Wynn and bitcoin consultant Daniel Mross join “First Mover” to discuss the offer and the process.
What Is Taproot and Why Is It Important?
Taproot is Bitcoin’s biggest upgrade in years which will enrich Bitcoin’s smart contracts, but what is it exactly and why is it important? “The Hash” panel breaks it down.
Is Bitcoin Due for a Correction?
Crypto markets analyst Katie Stockton of Fairlead Strategies reviews the latest bitcoin data. Is BTC's weakened momentum an indication for price correction?
Blockchain Association Says It Will Join Fidelity, Coinbase and Square in Efforts to Shape Crypto Regulation
Calling it an important milestone, Blockchain Association Executive Director Kristin Smith joins “First Mover” to discuss the news that Fidelity, Square and Coinbase are launching a bitcoin trade group. She also comments on legislative issues related to bitcoin the groups will address.
Chart of the Day: Altcoins in Charge as Bitcoin Dominance Nears 2-Year Low
In today’s “Chart of the Day,” “All About Bitcoin” host Christine Lee breaks down data from TradingView that shows altcoins taking off as bitcoin’s dominance nears a two-year low.
Bitcoin Dominance Nears 2-Year Low
Bitcoin and altcoins charts from CoinDesk Director of Data and Indexes Galen Moore.
Sacramento Kings to Offer Bitcoin Salary Option to All Players and Staff
The Sacramento Kings is the first sporting franchise to offer bitcoin as a payment option to players and staff. Is this a catalytic moment for crypto and sports, or is this just another marketing stunt? “The Hash” panel weighs in.
How and Where Did Paul Tudor Jones Make His Bitcoin Bets
Coinbase and Bakkt are the crypto players behind billionaire hedge fund investor Paul Tudor Jones' big bitcoin bets, according to new filings with the U.S. Securities and Exchange Commission (SEC). "The Hash" panel delves into what this means for the cryptocurrency landscape as large macro investors like Paul Tudor Jones dive deeper into the space.
Crypto Options Exchange Deribit Launches Bitcoin Volatility Index
Panama-based Deribit has launched a new bitcoin volatility index called DVOL, aimed at helping traders assess the market's mood. Deribit CEO John Jansen discusses the company's plans for DVOL and more broadly, Deribit.